Especially with newer built properties, the HOA may not be budgeting well for the long term, so the HOA fee can be artificially low but in a few years when upkeep and repairs on the buildings are necessary, the HOA fee can jump substantially.

However, I think this particular rule creates an artificial market when all people including investors are not included.

I guess I am getting a taste of my own medicine...

I'm not really sure how Realtors can bare the blunt of the blame when it was the Fed that held rates artificially low for a number of years after we got out of the recession.

I was a construction contractor when I was young so I figure why not give REI a try with these artificially low prices.

I wouldn't care, except I would like to refi and pull the cash out of them and I'm afraid the properties will not appraise high enough because our comps are artificially low. 

Unless you are going into law, medicine, or a handful of other industries, formal education is highly overrated.

Generally accepted accounting principles set by the Financial Accounting Standards Board dictate rules to, among other things, provide a uniformed method of accounting for assets.It's also an issue of prudent lending to ensure loans are not made on artificial values.

If you think about it, it is trying to limit wild profits on short flips, keeping artificially over priced properties from being picked up in the guaranteed market.

$700.00 Kitchen remodeling labor including plumbing (Mikey)$500.00 Tub surround(Amazon $120.00) medicine cabinet ($30.00), vanity ($145.00), toilet ($99.00, bathroom hardware & faucet ($50.00) plumbing connectors